This is BankNIFTY Future based strategy Trend following. Where the BOT takes automatic Buy or Short position on Banknikfty Future. This strategy can be automated with three Brokers i.e. Aliceblue, Mastertrust and IIFL for now, as and when we integrate other brokers will update you all.
The strategy doesn't have Stoploss or target or trailing Stoploss
The strategy is developed to follow the trend of Banknifty, it Buys Banknifty future if the trend is upward, and it shorts Banknifty Future when the trend is downward. It will remain in a trade either buy or Short. The entry and exit are completely automated, and no action is required from the trader's end.
This strategy can be automated with Aliceblue, Mastertrust and IIFL for now, as and when we integrate other brokers will update you all.
This is a positional strategy hence margin is approximately 2L, please maintain this margin to continue to trade and to avoid any error in execution due to margin shortfall.
Target and SL Logic:
The strategy does not have any target or Stoploss or Trailing stoploss, as this will take either buy or short position and remain in that trade until any reversal signal comes.
Please ensure you maintain the required margin to avoid discontinuity during drawdown phase.
Please watch the below Video to know more of the strategy bot.
Disclaimer: The strategy used by this Algorithmic trading bot is based on historical data and do not guarantee future results. This trading bot may not perform as expected due to unforeseen market conditions, technical issues, or other factors. We do not guarantee any specific returns or outcomes, and you should be prepared to potentially lose all or a portion of your investment. We are not responsible for any losses incurred from using this Algorithmic trading bot, and you own full responsibility for your investment decisions.